Duplex

265 NE 116th St

265 NE 116th St, Miami FL 33161

$1,298,000

For Sale New — 9 days on market

2,860 SqFt

See estimated monthly cost

This listing is courtesy of Avanti Way Realty LLC. Helene Calini

Overview

Rare 12,750 SF lot (75' x 170') in a high-demand rental pocket between Biscayne Park and Miami Shores — a block actively transforming, with new construction nearby. Fully renovated front duplex (two 2BR/1BA units, ~900 SF each) features new kitchens, new bathrooms, and in-unit laundry — clean, modern, move-in ready. A detached cottage at the rear adds flexible additional living space and income potential, with six parking spaces total. Currently producing $8,600/month with strong, consistent occupancy. Deep backyard with mature trees creates a private, compound-style setting. Concrete block construction, built 1951. Significant land value and redevelopment upside given lot size and neighborhood trajectory. Ideal for investors, multigenerational buyers, builders, or anyone wanting a home providing income plus room to grow.

Facts & features

Interior

Living area (sq ft): 2,860

Building & exterior

Year built: 1951

Room For Pool

Taxes

Annual tax: $14,669
Tax year: 2025
Parcel number: 30-22-31-040-0050

Listing

MLS number: A12095976
Property type: Duplex
Price per SqFt: $454
Subdivision: TRESULEE
On market since: Sep 17, 2026
Days on market: 9

Estimated monthly cost

$8,759 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $6,563
Property tax: $1,222
Insurance (estimated): $974

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

Cristo Rey Miami High School Private · 09-12 · 0.31 mi
Gratigny Elementary Public · PK-5 · 0.42 mi
Biscayne Park School Early Learning Center Private · PK-KG · 0.51 mi
Montessori Achievement Center for Learning Needs Private · 01-12 · 0.59 mi
Amazing Learning Academy Private · PK-KG · 0.60 mi
Miami Shores Montessori School Private · PK-03 · 0.65 mi
St Rose of Lima School Private · PK-08 · 0.65 mi
Advance Christian Academy Private · PK-12 · 0.67 mi
Hubert O. Sibley K-8 Center Public · PK-8 · 0.69 mi
Montessori School of North Miami Private · PK-08 · 0.70 mi
Miami Country Day School Private · PK-12 · 0.70 mi
It Takes A Village Acadmey of Excellence Private · PK-05 · 0.73 mi
ABC Learning Center Miami Shores Private · PK-KG · 0.79 mi
ABI - Anis Blemur Institute & Academy Private · PK-12 · 0.82 mi
Miami Shores Elementary Public · PK-5 · 0.84 mi

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